Car fleet choice likely to be restricted in recession
The number of companies which allow their drivers to choose any car they wish has almost halved ahead of the predicted recession next year, it has been announced.
Recent research shows that only 12.2 per cent of businesses will be allowing their company car fleet to be dictated by drivers - a drop from over a fifth just one year ago.
The number of companies which now choose just one car manufacturer from which to provide drivers with has also risen by 3.7 per cent, GE Capital Solutions has found.
Gary Killeen, commercial leader at GE Capital Solutions Fleet Services, said: "During [the last decade], human resources departments have pushed for ever-wider vehicle choice and ever-higher specifications in order to attract and retain the best staff."
"In the current economic climate, that strategy has had to change, and employers are starting to look at the company car again as a cost-effective business tool. Car choice is being restricted more often and cost factors are overtaking human resources issues."
Car fleets have certainly become a focal point for businesses cutting down on costs, as well as those attempting to improve their image through reducing their CO2 emissions.
